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The September/October 2026 issue of Oilfield Technology explores how operators and service companies are responding to a more demanding upstream environment through technology, optimisation and smarter decision-making. Highlights include McKinsey & Company on the growing exploration discovery gap, Halliburton on unlocking bypassed reserves through multilateral technology, and MR Group on continuous BOP assurance, alongside features examining autonomous FPSOs, produced water treatment, H2S scavenging, advanced sealing solutions and the growing role of AI in optimising well and asset performance.

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Home/News

Latest News

Stay up to date with the latest news and updates from the oil industry.

Woodside strengthens its Australian operations
31 Jul 20252 min read

Woodside strengthens its Australian operations

Woodside has agreed to assume operatorship of the Bass Strait assets, unlocking potential development of additional gas resources, following an historic agreement with ExxonMobil Australia (ExxonMobil).

Sarens participates on the dismantling of the South Angsi Alpha offshore platform in Malaysia
31 Jul 20253 min read

Sarens participates on the dismantling of the South Angsi Alpha offshore platform in Malaysia

The dismantled platform, weighing around 4000 t, is the largest ever dismantled and reused in Malaysia, with part of its structure already located on the seabed, where it will serve as a support for the creation of artificial reefs.

National University of Singapore’s Energy Studies Institute and FutureScaleX release new policy brief on US climate policy reversal and Asia’s growing CCS opportunity
31 Jul 20252 min read

National University of Singapore’s Energy Studies Institute and FutureScaleX release new policy brief on US climate policy reversal and Asia’s growing CCS opportunity

The brief provides new analysis of stalled US project pipelines, modelling on the economic impact of new import tariffs, and a growing innovation gap that now favours East Asia.

Oceaneering upgrades Ocean Intervention II vessel for simultaneous autonomous survey missions
30 Jul 20252 min read

Oceaneering upgrades Ocean Intervention II vessel for simultaneous autonomous survey missions

In early 2025, the vessel underwent significant upgrades to expand its capabilities and improve performance for modern survey demands.

Zefiro announces first-ever methane monitoring contract as part of the EPA's Methane Emissions Reduction Program (MERP)
30 Jul 20253 min read

Zefiro announces first-ever methane monitoring contract as part of the EPA's Methane Emissions Reduction Program (MERP)

This program is federally funded under the Inflation Reduction Act (IRA) which specifically provides US$850 million in grants to reduce, monitor, measure, and quantify methane emissions from the oil and gas sector.

Baker Hughes to acquire Chart Industries
29 Jul 20253 min read

Baker Hughes to acquire Chart Industries

Baker Hughes and Chart Industries have announced that they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for US$210 per share in cash, equivalent to a total enterprise value of US$13.6 billion.

CSA announces major oil and gas contracts in Suriname
29 Jul 20252 min read

CSA announces major oil and gas contracts in Suriname

CSA will mobilise vessels of opportunity to perform field operations in a range of water depths up to 3000 m and manage multiple Environmental and Social Impact Assessment (ESIA) programs offshore Suriname.

EIA: Onshore crude oil production on US federal lands has increased in recent years
28 Jul 20252 min read

EIA: Onshore crude oil production on US federal lands has increased in recent years

According to the EIA, most of this growth was in New Mexico from crude oil produced from federal lands in the Permian Basin.

Saipem and Subsea7 announce signing of merger agreement
28 Jul 20253 min read

Saipem and Subsea7 announce signing of merger agreement

Saipem and Subsea7 have announced that they have entered into a binding merger agreement, on terms and conditions in line with what previously communicated at the time of the signing of the Memorandum of Understanding on 23 February 2025. The merger of Saipem and Subsea7 will create a global leader in energy services.

Aker BP strengthens North Sea portfolio with Japex agreement
28 Jul 20251 min read

Aker BP strengthens North Sea portfolio with Japex agreement

Aker BP ASA has entered into an agreement with Japex Norge AS to swap a 10% interest in the Aker BP-operated Alve Nord development and a 3.5% interest in the Verdande development.

Pantheon Resources spuds Dubhe-1 well in Alaska
23 Jul 20252 min read

Pantheon Resources spuds Dubhe-1 well in Alaska

Pantheon Resources has announced it has spudded the Dubhe-1 appraisal well at the company’s Ahpun oil field on the North Slope of Alaska.

SLB awarded carbon storage contract for Northern Endurance Partnership project in UK
22 Jul 20252 min read

SLB awarded carbon storage contract for Northern Endurance Partnership project in UK

SLB secures comprehensive carbon storage solutions contract for pioneering CCS infrastructure.

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